
New York Sues Coinbase and Gemini Over Prediction Markets
New York AG Letitia James sued Coinbase and Gemini for running unlicensed prediction markets. The state seeks billions in damages and an age-21 restriction.

New York AG Letitia James sued Coinbase and Gemini for running unlicensed prediction markets. The state seeks billions in damages and an age-21 restriction.

The UK is reforming payment rules to cover stablecoins and tokenized deposits, creating a single framework for digital and traditional payments by 2027.

Coinbase launched Agentic.market, a marketplace where AI agents buy services using stablecoins via x402. Google, Microsoft and AWS backed the x402 Foundation.

Tether acquired 8.2% of Antalpha via SEC Schedule 13D filing. The platform finances Bitcoin miners with a $1.6B loan portfolio. 2025 revenue up 68%.

Strategy bought 34,164 Bitcoin for $2.54 billion in its third-largest purchase ever. Total holdings now stand at 815,061 BTC acquired for $61.56 billion.

RAVE token jumped from $0.25 to $28 then crashed 92%, wiping $6.6B in market cap. ZachXBT accused RaveDAO of pump-and-dump. Binance and Bitget investigating.

Japan's JSCC, Mizuho and Nomura launch a proof of concept to test Japanese Government Bonds as digital collateral on Canton Network, backed by Japan's FSA.

BIS general manager warned that USDT and USDC behave like ETFs and could force sales of government debt in a stress scenario.

Polymarket is in talks to raise $400M at a $15B valuation. ICE already invested $600M, with the total round potentially reaching $1 billion.